NOT LISTED FOR SALE

Bay Square 950 Massachusetts Ave Unit PH5 Cambridge, MA 02139

Riverside Neighborhood

Estimated Value: $1,036,000 - $1,441,000

2 Beds
2 Baths
1,001 Sq Ft
1989 Built

Last Sold August 08, 2022

Last sale price $1,316,000 $1,315 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,673/month

Highlights

  • Medical Services
  • 9,999 Sq Ft lot
  • Tennis Courts
  • Above Ground Pool
  • Property is near public transit
  • 2-minute walk to Cooper Square Park

About This Home

As of September 2022

Perched atop the city, in one of the best maintained, full service, mid-rise buildings in Cambridge, lives this penthouse level 2br/2ba flat with exquisite western exposure. Complete with light maple hardwood floors, skylights, a fireplace, in unit-laundry, two private balcony's, and garage parking for 2-cars. Located perfectly between Harvard and Central Squares with convenient access to Dumpling House and Pammy's, there is no shortage of dining options. And for relaxing and fitness you can enjoy the outdoor heated pool and well equip gym with sauna. Theres always a friendly face to greet you and your guests in the lobby with the full time concierge and long-term building super, the building is always impeccably maintained and looked after. Simplify life with this easy, turn-key spectacular home.Owner pays for water. Utilities are paid by tenant. One year lease.

Last Agent to Rent the Property

Currier, Lane & Young

Compass Listed on: 08/04/2022

Compass

Co-Listed By

Samuel Rotenberg

Compass

Compass

Last Renter's Agent

Samuel Rotenberg

Compass

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,473

Year Built

  • 1989

Parking

  • 2 Car Parking Spaces

Home Design

  • 1,001 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit

Outdoor Features

  • Above Ground Pool
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Security Deposit $4,500
  • Property Available on 9/1/22
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 407490

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,473

Year Built

1989

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 7
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Year Built: 1989

Interior Features

  • Interior Amenities: Elevator
  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: In Unit
  • Living Area: 1001
  • Other Equipment: Intercom
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 4.5
  • PRICE PER Sq Ft: 4.5
  • MAIN SO: AN2383

Exterior Features

  • Patio And Porch Features: Porch
  • Pool Features: Above Ground
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Water, Sewer
  • UNIT BUILDING: PH5

Lot Info

  • Parcel Number: 407490
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Aug 3, 2022
Sold by
Halvey Ventures Llc
Bought by
Engel Morten A
Seller's Agent
Currier, Lane & Young
Compass
Buyer's Agent
Samuel Rotenberg
Compass
Sold Price
$4,500
Views
5
Current Estimated Value
$1,272,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,268,052
Avg. Annual Appreciation
-1.11%

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 15, 2018
Sold by
Swann Anita and Swann David
Bought by
Halvey Ventures Llc
Seller's Agent
Spencer Lane
Compass
Buyer's Agent
Maggie Currier
Compass
List Price
$1,150,000
Sold Price
$1,250,000
Premium/Discount to List
$100,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Brenzel Barbara
Bought by
Swann Anita and Swann David

Purchase Details

Closed on
Aug 17, 1998
Sold by
Kardar Mehran
Bought by
Brenzel Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1990
Sold by
Bay Sq Condo Lp
Bought by
Kardar Mehran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
10.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Engel Morten A $1,316,000 None Available
Halvey Ventures Llc $1,250,000 --
Swann Anita $680,000 --
Brenzel Barbara $394,000 --
Kardar Mehran $232,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kardar Mehran $80,000
Previous Owner Kardar Mehran $127,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Rented $4,500 -99.7% --
08/10/2022 08/10/22 Under Contract -- -- --
08/08/2022 08/08/22 Sold $1,316,000 0.0% $1,315 / Sq Ft
08/04/2022 08/04/22 For Rent $4,500 0.0% --
07/18/2022 07/18/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $1,350,000 0.0% $1,349 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $1,350,000 +8.0% $1,349 / Sq Ft
06/15/2018 06/15/18 Sold $1,250,000 +8.7% $1,249 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $1,150,000 -- $1,149 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,473 $1,334,400 $0 $1,334,400
2024 $7,678 $1,296,900 $0 $1,296,900
2023 $7,408 $1,264,200 $0 $1,264,200
2022 $7,315 $1,235,600 $0 $1,235,600
2021 $7,086 $1,211,300 $0 $1,211,300
2020 $6,909 $1,201,500 $0 $1,201,500
2019 $6,630 $1,116,200 $0 $1,116,200
2018 $6,629 $1,026,100 $0 $1,026,100
2017 $6,177 $951,700 $0 $951,700
2016 $6,020 $861,300 $0 $861,300
2015 $5,967 $763,100 $0 $763,100
2014 $5,895 $703,500 $0 $703,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73020971

MLS Property Information Network (MLS PIN)

APN: CAMB-000120-000000-000040-PH000005